UAW contracts with Ford and GM are the most generous in more than a decade, but there could be consequences for workers. The NYT reports.» Read More
After eight decades the Pontiac brand is about to die or be sold by GM. The auto maker will announce the end of the iconic American brand early next week. Pontiac is the latest casualty of the radical down-sizing of General Motors.
Stocks temporarily pared gains after a much anticipated concept paper on the government stress tests for the 19 biggest U.S. financial institutions was released.
With energy, tech, financials and consumer discretionary stocks all driving the market higher on Friday, how should you trade?
Seldom has a loss of almost $2 Billion ever looked so good. Then again, when you are Ford and you continually turn in better than expected results, losing a couple billion is further proof business is turning around.
Stocks opened higher Friday as investors shrugged off a dismal durable-good report and were encouraged by Ford's narrower-than-expected loss.
Futures are off their highs and are set for a fairly flat open this morning. While futures strengthened following an encouraging report out of Ford early this morning, a round of cautious earnings guidance from other industrial companies dampened investors’ enthusiasm.
Stock index futures remained higher Friday as investors shrugged off a dismal durable-good report and were encouraged by Ford's narrower-than-expected loss.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
It might just be my inability to see clearly, but the past two days have provided me some clarity on where the stress test is going.
With one week left before Chrysler faces the very real prospect of filing for Chapter 11 reorganization, and potentially a Chapter 7 liquidation, GM is acting like a company already in bankruptcy. In other words, the end game is almost here. As we're seeing now, it's messy and everyone involved will be feeling the pain.
Stocks staged a late rally Wednesday as investors shrugged off health-care weakness and bet on solid results from Apple after the bell.
Stocks rebounded Wednesday as Caterpillar led the Dow, automakers rallied and banks posted solid gains.
Stocks opened lower Wednesday as investors looked for further guidance from Treasury Secretary Timothy Geithner and the next batch of corporate earnings.
Futures turned down about 6 points at 8:30 AM as Morgan Stanley reported a loss of $0.57, much worse than the loss of $0.08 expected. This officially ends the streak where banks have beaten estimates. Top line miss was rather large: $3.0 billion vs. $4.8 billion expected.
Happy Earth Day everyone! On this day designed to inspire awareness and and appreciation of the environment, we decided to give you a feel for how green (or not) your neighborhood might be.
Stock index futures pointed a lower open Wednesday as investors looked for further guidance from Treasury Secretary Timothy Geithner and the next batch of corporate earnings.
As the world grapples with headlines about bailouts, bankruptcies and pirates, a lone dove has emerged on YouTube to save the global economy.
In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.
For Chrysler President Jim Press, trying to convince people his company is not going bankrupt is an uphill battle.
When I was first asked to moderate a question and answer session with California Governor Arnold Schwarzenegger, I immediately thought, "What a delicious opportunity to talk to a man who has told Detroit to 'get off its butt' and start building the next generation of cars and trucks people want."